Cool Best Retirement Plan For Self-Employed References. Web the sum will be split into basic retirement sum (brs), full retirement sum (frs) and enhanced retirement sum (ers) assuming your parents will reach 55 years old in 2023, the brs is $99,400 and the. Simplified employee pension ira (sep ira).

Web for employees, epf offers the most secure and attractive option for retirement planning. As we reach the midpoint in 2022 it’s important to have a retirement plan option in place for yourself. Sep iras, simple iras, solo 401(k)s and keogh plans are some of the best, so make sure you know what makes sense given your financial situation before you.